Elon Musk’s xAI lands billions in new cash to fuel AI ambitions

xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. The Wall Street Journal previously reported that Valor Equity Partners, Sequoia Capital, and Andreessen Horowitz were expected to contribute to the round, along with Qatar Investment Authority, Qatar’s sovereign-wealth fund. The new cash […]

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